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Buying a New-Build Home in London: Is It Worth It?

Efficient and low-maintenance, but check the costs.

Buying a New-Build Home in London: Is It Worth It? Residential Property Services in London

Updated October 2026 · Fraser Bond

Buying · New-builds

New-build homes in London

10-yearwarranty
HighEPC
Servicecharges
Snaggingsurvey
In short: New-builds offer modern layouts, good energy efficiency, 10-year structural warranties and often residents' facilities. On the other hand, they can carry a price premium that fades on resale, service charges in managed blocks can be high, and build quality varies, so a snagging survey is worth it. Since 2022, most new residential leases must have a peppercorn (zero) ground rent. Compare developers' track records, check the service charge budget, and research resale prices of similar homes nearby.

Frequently asked questions

Do new-builds lose value?

Some premium can fade at first resale.

Is there ground rent?

New leases since 2022 usually have zero ground rent.

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